INSIGHTS

The Minister of Mineral Resources has published a notice of intention to make Technical Regulations for Petroleum Exploration and Exploitation under section 107(1) of the Mineral and Petroleum Resources Development Act 28 of 2002. The purpose of the regulations is to augment gaps identified in the current regulatory framework governing exploration and exploitation of petroleum resources, particularly in relation to Hydraulic Fracturing and prescribe good international petroleum industry practices and standards that will enhance safe exploration and production of petroleum